Course Recognition
Success in any line of work rests upon a combination of education and experience. The real estate courses at Langara College provide a foundation of professional education that will complement your work experience, build your professional expertise, and advance your career.
Course equivalencies and options for pursuing a variety of professional designations and educational credentials are outlined below.
BC Housing has recognized several courses as professional development for their Contractors Licensing:
- PROP 1022 Residential Construction
- GBSC 1004 Business Communication
- PROP 1085 Estimating Construction Costs
- PROP 1086 Controlling Construction Costs
- PROP 1033 Real Estate Development
- PROP 1049 House Construction
- ENTR 1009 How to Start Your Own Business
- PROP 1091 Reading Technical Drawings 1
- PROP 1092 Reading Technical Drawings 2
- PROP 1066 Development Application Process
- PROP 1073 Building Design & Construction
- PROP 1096 BC Building Code Energy Efficiency Standards
- PROP 1087 Invisible Hazard - Asbestos in Buildings
The following courses have equivalencies in the Real Estate Division of the Sauder School of Business at UBC:
- PROP 1001 Property Management - Residential BUSI 441
- PROP 1002 Property Management - Commercial BUSI 451
- PROP 1004 Real Estate Law BUSI 111
- PROP 1005 Real Estate Appraisal BUSI 330
- PROP 1020 Real Estate Investment Analysis BUSI 331
- PROP 1022 Residential Construction BUSI 400
- PROP 1024 Real Estate Mathematics BUSI 121
- PROP 1023 Real Estate Finance BUSI 221
Students may transfer all of the above courses toward the UBC Diploma in Urban Land Economics and the UBC Bachelor of Business in Real Estate. Students with a business degree may apply two courses (i.e. Real Estate Appraisal and Real Estate Investment Analysis) toward the UBC Post-Graduate Certificate in Real Property Valuation, an accelerated pathway to the AACI designation from the Appraisal Institute of Canada. This option may appeal to Langara College Bachelor of Business Administration (BBA) graduates.
For information on UBC programs in real estate, visit UBC Real Estate. Students who intend to transfer course credit from Langara to UBC should discuss their education plan with UBC.
BC Financial Services Authority (BCFSA)
BC Financial Services Authority (BCFSA) is responsible for the licensing process in BC for various professions. Students have the option of completing specific Langara College courses to become eligible to request a waiver from the applicable UBC licensing course. Students would be responsible for meeting all other BCFSA requirements (English Proficiency, licensing examination, applied practice course) with BCFSA directly.
Trading Services Licensing
Students can complete the following 4 courses to be exempt from the UBC Real Estate Trading Services Licencing Course:
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Rental Management Services Licensing
Students who complete the Property Management Certificate program and the following courses may be exempt from the UBC Rental Property Management Licencing Course:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
For full information on licensing course requirements visit the BC Financial Services Authority website at www.bcfsa.ca
Appraisal Institute of Canada
The Appraisal Institute of Canada awards two professional designations: the Canadian Residential Appraiser (CRA) and the Accredited Appraiser Canadian Institute, Professional Appraiser (AACI, P.App.).
The following three courses may be applied toward the CRA designation:
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1022 Residential Construction
The above courses, plus the following two courses, may be applied toward the AACI designation:
- PROP 1020 Real Estate Investment Analysis
- PROP 1024 Real Estate Mathematics
Note: UBC administers the entire Appraisal Institute of Canada Education Program across all of Canada on a distance education basis. Langara College offers the above courses on a classroom basis to serve local students. For complete information on the Appraisal Institute of Canada Education Program, visit www.realestate.ubc.ca. Students who intend to transfer course credit from Langara to UBC should discuss their education plan with UBC.
British Columbia Real Estate Association (BCREA)
The following Langara courses are approved for accreditation in the Professional Development Program of the B.C. Real Estate Association:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
- PROP 1022 Residential Construction
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Visit BCREA for more information.